The Colorado Springs Real Estate Market Report for September 2018
According to the new data released by the Pikes Peak Association of REALTORS® for September 2018, the Colorado Springs real estate market is showing signs of a possible slow down.
The Bottom line:
September showed a 15.7% drop in sales, which is the largest drop since 2007. At the same time, our median sales price increased by 10%. Our local real estate market appears to be shifting.
Let's take a look at the September 2018 real estate market for Colorado Springs:
September 2018 Colorado Springs Real Estate Statistics
- New Listings: 1,517 (Up +5.0% from last year)
- Sold Listings: 1,273 (Down -15.7% from last year)
- Total Active